The long awaited acquisition of Nokia has finally been completed by Microsoft as the company announced yesterday that they have decided to close the acquisition deal at 7.2 billion dollars, though the acquisition deal was announced back in September 2013.
With this acquisition, Nokia’s phone and tablet devices and services business will be run by Microsoft now. Nokia was a great company back in the days when Symbian OS was on top of the charts but after Apple came up with their iPhone in 2007 and Google with their Android powered smartphones, things changed for Nokia. Nokia had a hard time adapting to the new market and was left out and picked up Windows as their operating system instead. There were other companies as well with Windows devices but none of them were as committed to the platform as Nokia was.
Nokia had an eye for design when it comes to their Lumia smartphones as they have come up with one of the best looking Windows smartphones with best cameras as well. Microsoft also did their part by coming up with a redesigned version of their Windows phone OS that even worked great on a low end device There were also rumors about Nokia coming up with an Android powered smartphone and obviously Microsoft wasn’t happy about that decision maybe that is why Nokia came up with Nokia X this year, with a modified version of Android including Nokia’s own app store.
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As of now the market of Windows phone is very low around 3 to 5 percent compared to other platforms like Android and iOS that are dominating the smartphone markets. This acquisition might do some good as Microsoft has full control over Nokia’s devices and with the launch of their Windows 8.1 OS things are going to change a lot because Windows 8.1 offers a lot of functionality found on both Android and iOS.
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